| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | TPIC | Common Stock | Options Exercise | $0 | +10,533 | +67% | $0.000000 | 26,298 | 31 Dec 2021 | Direct | F1 |
| transaction | TPIC | Common Stock | Tax liability | $66,273 | -4,430 | -17% | $14.96* | 21,244 | 31 Dec 2021 | Direct | F2 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | TPIC | Restricted Stock Units | Options Exercise | $0 | -10,533 | -100% | $0.000000* | 0 | 31 Dec 2021 | Common Stock | 10,533 | Direct | F3, F4 |
| Id | Content |
|---|---|
| F1 | Since the date of the reporting person's last ownership report, the reporting person transferred 624 shares of TPIC common stock to his ex-wife pursuant to a domestic relations order. The reporting person no longer reports as beneficially owned any securities owned by his ex-wife. |
| F2 | Represents the shares required to satisfy tax withholding obligations in connection with the vesting of 10,533 performance based restricted stock units ("Performance Based RSUs"). |
| F3 | The Performance Based RSUs vested in full on December 31, 2021. The reporting person was eligible to receive 100% of the Performance Based RSUs if (i) the Issuer's 30 day, volume weighted average stock price exceeded the following stock price hurdles: $36, $42 and $48; and (ii) the reporting person provided continuous service to the Issuer, during the applicable performance period of the underlying award (March 06, 2019 to December 31, 2021). |
| F4 | Each RSU represents a contingent right to receive one share of the common stock. All unvested RSUs will automatically expire upon Reporting Person's termination of service from Issuer. |